Mimecast Limited (MIME) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q & FY20 Revenue Guidance Above Consensus

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Mimecast Announces First Quarter 2021 Financial Results

August 3, 2020 4:11 PM EDT

First Quarter Highlights

Total revenue of $115.2 million grew 16% year-over-year on a GAAP basis and 21% in constant currency

Added 600 net new customers. Total customers 38,600 globally

Revenue retention rate of 106%

GAAP gross profit percentage of 75%, Non-GAAP gross profit percentage of 77%

GAAP EPS of $0.05 per diluted share, Non-GAAP EPS of $0.22 per diluted share

LEXINGTON, Mass., Aug. 03, 2020 (GLOBE NEWSWIRE) --... More